SoldAug 23, 2023

42 Kerry St, Maclean, NSW, 2463

$930,000

3
2
7
145 m²
2091 m²

House

30+ days on the market

Sold: Aug 23, 2023

What's around 42 Kerry St

Set yourself up for life!

Seldom is there a chance to set yourself up for life with an income stream without relying upon work. With this modern home and big block with a DA in place, (Paperwork available upon request) this may be your best opportunity to do that in a growth area. Income potential and capital growth definitely help reduce the risk and present so many options for you. Your time to act, is now. A modern newly built 3 bedroom, 2 bathroom home with all the energy efficiency that you need to reduce your expenses. With the 7 K/w and 24 Solar Panels, this home basically powers itself, including you using the dryer and air conditioning when needed. The house is only 5 years old, and of a steel framed construction, so no fear of termites in the future. The opportunity I speak of, is that this massive block of over 2000sq metres is already DA approved, to not only subdivide, or build another house, though I have been told that it is actually approved to build a pair of Duplex houses on it! If you do the basic mathematics, if you buy this, then build 2 duplexes that will return you about $1000 in rental per week, you will be able to live on this investment the rest of your life. Variations to this plan or course, are scenarios like, live in one duplex, rent out the other one and main house, or Holiday Rent them, whilst you may or may not do the cleaning and maintenance. This may get you well over $3000 a week if you do it correctly. Based on the location and close proximity to Yamba, Byron Bay and The Gold Coast, you should be able to capitalise on the ever expanding local tourism market. You may not need the passive income, though just want to set your family up for their futures. Build to suit your families needs, and be together forever. The over sized carport is even big enough to comfortably store the boat or caravan. Or you know what? Just sell it off as a vacant land for about $250,000 and take a big chunk off your mortgage. Have a look at the photos and floor plan, and then call me for an inspection if you're serious, as those that see it, will buy it. You don't want to miss out on this one. There is a comfortable 10 x 3 metre garage under the house that can be a workshop, man cave, or Scrap Book area. Maclean itself is a growing township on the banks of the beautiful Clarence River that has for years been a secret of those that lived there, now the secret is starting to creep out, yet has only just started to see an increase in property prices over the last few years. The prices will only increase when you look at these factors. 22 Min to Yamba (Median House price $940,000) 80 Min to Byron Bay (Median House price $3,000,000) 120 Min to the Gold Coast 100 Min to Coolangatta Airport 60 Min to Ballina Airport 20 Min to Grafton Base Hospital 100 Min to Coffs Harbour Fun Fact !! - - The Local IGA is WORLD FAMOUS! Winning Australia's Best IGA in 2022, and now recently crowned as the WORLD'S BEST IGA in 2023 ! If your looking for a place to set you and your family up for life, things seldom get better than this, with such growth potential. Of course, I have tried to be as accurate as I can with the information I have been told. Though please due your own due diligence and seek professional building advice about the sub division.

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Seller's review

over 2 years ago

Success!!!!

We entered the market i think at the most challeging time in over 3 years and had some very poor experiences with 2 real estate agents which left us disheartened , until Century 21 was recommended by a colleague and we were lucky to get Michael Hall He continued to update us weekly some times more often and understood the market , where to advertise and who was in the market. He continually met with the Century 21 team and provided different strategies and scenarios His tenaciousness and patience was comforting and he got the job done . Michael offered advice and support through the whole process and would not hesitate in recommending Michael to support in the sales process

M
Melissa Marcus
Seller

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